Why is Wardwizard Inno. falling/rising?

As of 04-Jul, Wardwizard Innovations & Mobility Ltd is currently priced at 14.79, reflecting a decrease of 0.04 or 0.27%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has declined significantly, with delivery volume dropping by 83.69% compared to the 5-day average. Over the past year, the stock has underperformed considerably, generating a return of -75.32%, while its profits have decreased by 52%. Despite a healthy long-term growth rate in net sales and operating profit, the stock's valuation is negatively impacted by a high debt-equity ratio of 1.90 and a significant portion of promoter shares being pledged, which adds downward pressure in a falling market.
In the broader market context, the stock's short-term performance over the past week shows a decline of 4.76%, while the benchmark Sensex has only decreased by 0.74%. This consistent underperformance against the benchmark is evident over the last three years, where the stock has lagged behind the BSE500 in each annual period. The stark contrast between the stock's performance and the benchmark highlights the challenges it faces, particularly with the recent flat results and increasing pledged shares, which further exacerbate investor concerns.